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Problem 4-5 (add the formula) COMPOUND ANNUITY CALCULATIONS What is the accumulated future sum of each of the following Ordinary annuities? Annual Present Amount (SAR)

Problem 4-5 (add the formula)

COMPOUND ANNUITY CALCULATIONS

What is the accumulated future sum of each of the following Ordinary annuities?

Annual

Present Amount (SAR)

Interest

Years

20,000

5%

5

42,000

4%

12

8,000

12%

4

19,500

7%

15

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